TSLA

๐Ÿ“‰ Tesla has experienced a significant drop, falling by 50%.

๐Ÿš— Elon Musk’s involvement in politics is generating negative sentiment, potentially affecting sales.

๐Ÿ“ˆ Despite recent gains, the company is still considered overvalued based on its fundamentals.

๐Ÿ’น The analyst sees it as a short-term trade opportunity, not a long-term hold.

@marcosemmimfp:
“If you look at Tesla, in a single day, it fell 15%. Tesla has been dropping by 50%, which is crazy. When you look at Apple, it’s also down by 20-something percent. If you grab, not obvious, but when you grab it from the top, yes, it’s quite a bit; it’s 50% down. Tesla, when you look at Nvidia, also had a very good correction. Meta, Microsoft, whichever you want, Google also. Whichever one you pick, they fell a lot. The only one that, in my opinion, is still expensive is Tesla. When you look at the fundamentals, how much is Tesla worth? Well, it’s worth 10; the market is at 100. Well, that’s expensive. Tesla is expensive because there is a lot of expectation that it will go to the moon. It’s expensive, it’s expensive, and I’ve been telling everyone, ‘Guys, be careful.’ He got involved in politics. I bought Tesla the other day. I caught the rise. In fact, today it’s going up; I’m like 10% up in two days. You like that, but it’s a trade, 50%, like a quick move. I’m not going to keep it forever because it’s expensive. I don’t like it.”

Watch the exact part of the video where Marcos and Nahuel talk about Tesla here:

View the video on YouTube.

Read more articles by the world’s top 100 analysts on Tesla (TSLA) at the following link. TSLA stock.